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Presentation3

  1. 1. Created by: Pulkit Subrotho Mukesh Pankaj Jayesh
  2. 2. Contents <ul><li>Introduction </li></ul><ul><li>Wal- Mart An Overview </li></ul><ul><li>Company Information </li></ul><ul><li>Vision statement </li></ul><ul><li>Mission statement </li></ul><ul><li>Culture of Wal-mart </li></ul><ul><li>Division of Wal-mart </li></ul><ul><li>Procurement Centers </li></ul><ul><li>Walmart International </li></ul><ul><li>Global Competitors </li></ul><ul><li>Customer Base </li></ul><ul><li>Why India ??? </li></ul><ul><li>The Bharti - Wal-Mart Retail Joint Venture </li></ul><ul><li>Benefits to Indian Govt. and People </li></ul><ul><li>Indian Competitors </li></ul><ul><li>Sources </li></ul>
  3. 3. Introduction <ul><li>Founder : Sam Walton </li></ul><ul><li>Origin: U.S. </li></ul><ul><li>When started : 1962 </li></ul><ul><li>Business Title: World's Biggest Retailer </li></ul><ul><li>Slogan: “ Always Low Price Always ” </li></ul><ul><li>“ Save Money, Live Better” </li></ul><ul><li>Web site: www.walmart.com </li></ul>
  4. 4. Wal-Mart An Overview <ul><li>In 1945 Sam Walton opened the first franchise in U.S. by the name Walton. </li></ul><ul><li>These were small chains that were very successful. </li></ul><ul><li>In November of 1962 Wal-Mart was opened. </li></ul><ul><li>Wasn’t until mid 1970’s that Wal-Mart began to grow. </li></ul><ul><li>1972 –listed on NYSE </li></ul><ul><li>2003 Wal-Mart topped Fortune 500 and voted most admired company in U.S. </li></ul>
  5. 5. Company Information <ul><li>Employs 1.5 million people </li></ul><ul><li>World’s Largest Retailer </li></ul><ul><li>Made 256.3 billion last year </li></ul><ul><li>Over 4000 stores worldwide </li></ul>
  6. 6. Vision Statement <ul><li>“ Our vision is to provide good quality and services to our customers while remaining the market leader and striving daily to be the most admired company”. </li></ul>
  7. 7. Mission Statement
  8. 8. Culture of Wal-Mart <ul><li>The culture consists of </li></ul><ul><ul><li>Quality product at low prices “everyday” </li></ul></ul><ul><ul><li>Respect for the individual </li></ul></ul><ul><ul><li>Service to our customers </li></ul></ul><ul><ul><li>Strive for excellence </li></ul></ul>
  9. 9. Divisions of Walmart… <ul><li>Neighborhood Markets (groceries) </li></ul><ul><li>Sam’s Club (membership) </li></ul><ul><li>Discount stores (fmcg & apparels) </li></ul><ul><li>Walmart super centers (groceries) </li></ul>
  10. 10. Procurement Center <ul><li>Based in Shenzhen, China </li></ul><ul><li>Third busiest port in the world </li></ul><ul><li>Employs several hundred </li></ul><ul><li>80% of Wal-Mart’s 6000 global suppliers are located in China </li></ul><ul><li>Wal-Mart & China are a joint venture </li></ul>
  11. 11. Wal-Mart International…. 37 71 238 942 International Totals Neighbour-hood markets Sam’s club supercenters Discount stores Divisions
  12. 12. Global Competitors <ul><li>Target </li></ul><ul><li>Costco </li></ul><ul><li>Walgreen </li></ul><ul><li>K Mart </li></ul><ul><li>Sears </li></ul>
  13. 13. Consumer Base <ul><li>Each week, approximately 100 million customers, or one-third of the US population, visits Wal-Mart's US stores.Wal-Mart customers place low prices as the most important reason for shopping at Wal-Mart, reflecting the &quot;Low prices, always&quot; </li></ul>
  14. 14. Winning Strategy of Wal-Mart <ul><li>Wal-Mart’s only winning strategy in the market is based on </li></ul><ul><li>“ Selling Branded Products at Low Price with Good Service to it’s Customers” </li></ul>
  15. 15. Why India ??? <ul><li>India is the second fastest growing economy in the world. </li></ul><ul><li>One of the youngest country </li></ul><ul><li>Younger population growing faster. </li></ul><ul><li>Cultural habit changing (acquiring western look) </li></ul><ul><li>Changing attitude of people </li></ul><ul><li>Increasing awareness and spending on grooming and lifestyle </li></ul><ul><li>Liberalization </li></ul><ul><li>One stop shopping, speed and efficiency of purchase. </li></ul><ul><li>Guilt free spending </li></ul><ul><li>Saving not very high priority </li></ul>
  16. 16. The Bharti - Wal-Mart Retail Joint Venture <ul><li>On November 27, 2006, Wal-Mart Stores, Inc (Wal-Mart), the world's largest retailer, and Bharti Enterprises Ltd. (Bharti), a leading business group in India, signed a Memorandum of Understanding (MoU) to explore business opportunities in the Indian retail industry. This joint venture marked the entry of Wal-Mart into the Indian retailing industry. </li></ul><ul><li>The retail shops will be owned by Bharti Enterprises under the Wal-Mart franchise. The idea is to give Indians the “ lowest price everyday.&quot; </li></ul>
  17. 17. Contd.. <ul><li>According to Sunil B. Mittal (Mittal), chairman and managing director, Bharti, </li></ul><ul><li>&quot;This joint venture is a winning combination. Wal-Mart's logistics skill and Bharti's execution capability will create a potent force in the Indian market.&quot; </li></ul>
  18. 18. Indian Competitors <ul><li>Pantaloons Big Bazaar </li></ul><ul><li>Reliance Fresh </li></ul><ul><li>Food World </li></ul><ul><li>Shubiksha </li></ul><ul><li>Margin Free Market </li></ul>
  19. 19. Sources <ul><li>www.walmart.com </li></ul><ul><li>www.bharti.com </li></ul><ul><li>www.walmartstores.com </li></ul><ul><li>www.walmartfacts.com </li></ul><ul><li>www.walmartfoundation.com </li></ul>
  20. 20. THANK YOU

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